[ad_1] Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams. This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, […]
FCA launches consultation on General Insurance value measures data
[ad_1] The FCA’s previous work has found issues of poor value in the GI market, and that there are no commonly available measures to assess the value for money of GI products. In response to this, since 2016 the FCA has been piloting the publication of value measures data with firms, and the pilot has […]
FCA proposes new measures to encourage effective stewardship
[ad_1] The FCA, in conjunction with the Financial Reporting Council (FRC), is now asking what more could be done to encourage asset managers to monitor closely the companies they invest in, actively engage with them, and hold them to account on material issues – delivering long-term, effective stewardship. The two papers published today are: A […]
MPs back Martin’s call for an overhaul of ombudsmen
[ad_1] Martin: ‘Ombudsmen should be the gold standard in independent dispute resolution’ Martin Lewis, founder and chair of MoneySavingExpert.com, said: “Ombudsmen should be the gold standard in independent dispute resolution, with the ability to force all players in their sector to comply with rulings. Yet not all ombudsmen are equal. Some are little more than […]
New rules to give more pension freedom protection
[ad_1] The regulator says consumers will be sent “wake up packs” earlier – at the age of 50 rather than just a few months before they retire – telling them about their pension options as they approach retirement. It’s also consulting on giving some consumers ready-made investment plans for their pensions, and making pension charges […]
Contactless card security flaw largely fixed, in win for MSE’s two-year campaign
[ad_1] What’s been done to fix the problem? Last February, we reported that the the three main card providers – Visa, Mastercard and American Express – had agreed to bring the majority of contactless transactions online. And the financial regulator’s now confirmed that this has happened, and that it took action to help fix the […]
How the financial regulator’s tackled contactless card fraud
[ad_1] A huge amount of work goes on – at the FCA and across the financial services industry – to make sure people can use their cards securely. For the most part that work happens ‘below the radar’ – it’s not news when things are working well. So we wanted to give you an update […]
SMS Crypto Limited | FCA
[ad_1] Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams. This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, […]
Will your travel insurer cover your holiday against Brexit flight disruption?
[ad_1] At the moment we don’t know if the UK will be leaving the European Union on Friday 29 March with or without a deal in place – and it’s impossible to say for sure whether there’ll be disruption to flights. The Government’s official guidance says flights “should” continue as normal even if there’s no deal […]
Some pension scam victims lose more than £1m to fraudsters
[ad_1] Data from Action Fraud, the national fraud and cyber crime reporting centre, reveals that two people have reported losing seven-figure sums. It says this may only be a fraction of the total number who have handed over such large pension pots, as the majority of scam victims never contact the authorities. Action Fraud’s data […]